BAE Systems PLC

Director's Dealing • May 12, 2017

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 9990E

BAE SYSTEMS PLC

12 May 2017

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ian King

2

Reason for the notification

a)

Position/status

Chief Executive and Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Exercise of nil cost options under the Performance Share Plan, the sale of some of those shares and retention of the balance of shares

c)

Price(s) and volume(s)

	Price	Volume
Acquisition of shares on exercise of share option	Nil	20,622
Sale of shares, to satisfy income tax and NIC liability	£6.385	11,396
Shares Retained		9,226

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume:

Exercise Volume:  20,622 Price GBP:  Nil
Shares sold (sold to satisfy income tax and NIC liability) Volume:  11,396 Price GBP:  £72,763.46

e)

Date of the transaction

2017-05-11

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kevin Taylor

2

Reason for the notification

a)

Position/status

Group Managing Director, Applied Intelligence

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Disposal of shares for nil consideration by Kevin Taylor (a person discharging managerial responsibilities) following a transfer of shares to Cheryl Taylor, a person closely associated.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.00	68,000

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 68,000 shares

£0.00

e)

Date of the transaction

2017-05-11

f)

Place of the transaction

Outside of a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephanie Griffiths

2

Reason for the notification

a)

Position/status

Person closely associated to Guy Griffiths (a person discharging managerial responsibilities), Group Managing Director, International

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 0.25p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£6.39	20,000

d)

Aggregated information

- Aggregated volume

- Price

Aggregated volume: 20,000 shares

£127,800.00

e)

Date of the transaction

2017-05-11

f)

Place of the transaction

XLON - London Stock Exchange

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHUUUKRBNAVARR